DONALD TRUMP'S HUGE CRYPTO AIRDROP! CBDCS MAKING A RETURN!

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:04):
Hey, everybody, Welcome into the Thinking Crypto Podcasts. You're home
for cryptocurrency news and interviews. I'm your host, Tony Edward.
On your way in. Please sit that subscribe button as
well as the thumbs up button and leave a comment below.
If you're listening on a podcast platform such as Spotify
or Apple, please leave a five star rating and review. Folks.
Let's kick it off with some bitcoin metrics, so we

(00:26):
continue to see different bitcoin metrics are signaling that a
reversal in the market is coming soon. Now, I know
timing is the hard thing to predict, but we are
at least using the data and not using our feelings
or a gut feeling or emotions or whatever it may be.
We're using the data and that's how we want to
operate as educated, informed investors. So the Bitcoin MVRV two

(00:49):
year rolling score right now is at levels or it's
at the lowest level that has ever been and we've
seen when it has hit these levels that a major
reversal is coming soon. So with sentiment and the dumbs,
people are depressed, they've given up, many are very upset.
Right There's a lot of anger, depression, fear, and much
more it's pretty bad right. However, when we have these

(01:12):
type of conditions along with the data, it means that
reversal is coming. The big question, as I've been saying though,
is this just simply a relief rally that we're going
to see come possibly Q one twenty twenty six, or
the continuation of the bull market. Now. I've been leaning
more towards the continuation of the bull market from a
probability standpoint because of the macro factors. And I verify

(01:33):
this MVRV score using sentiment, which is a partner of
the channel. I usually have Brian from Sentiment on where
we go through the data. And right now, both the
short term and the long term MVRV ratios are in
a loss right now, so those traders, folks and long
term holders are in the loss to a reversal I

(01:55):
think is coming. Remember markets are cyclical, right, so we
should expect to see move upwards coming soon. We just
got to be patient. And one thing that's very different
this time around, guys. You know the common saying or
the cliche saying we always hear every cycle, is this
time is different. Well, it is for the first time ever,
we have a red candle in the third year after

(02:16):
they're having Usually it's three green candles and then a
red candle for the bear market. This time it's only
been two green candles, So twenty twenty three and twenty
twenty four and twenty twenty five is closing with a
red candle, So things are different. So the people who
are saying this time is not different, it is the
cyclical pattern here has been broken. But it goes back

(02:37):
to what I've been saying. I think it's more of
the bull market extending. I don't believe this is again
a deep bear market. I think that starts in twenty
twenty six. The timing We're going to have to wait
and see. But I do believe the terror off crash
that affected all markets at the beginning of the year
prolonged the liquidity cycle. In addition, we had a very

(02:59):
long period to recover. It took a while for markets
to recover, versus a usual cyclical pattern that after a
Q four rally we have a correction and then late
January things start to creep up again. But this time
around it took longer than that, and that's why we
saw bitcoin hitting numal time high in August when it's
usually sell and may go away. And again I believe

(03:20):
the timeline has been shifted. So I think we're going
to see this bull market continue into twenty twenty six.
That's not a guarantee, that's not a certainty. I know
many if you want certainties, but no one has a
crystal ball. So we want to at least use the data.
And we've been seeing macro factors like what the FED
and the central banks are doing, returning to quantitative easing

(03:40):
in addition to rate cuts and liquidity continuing to rise.
I think all of these things will drive asset prices higher.
And I'm not the only one who believes that. Here
here's the headline, Massive liquidity injections to boost bitcoin price
in twenty twenty six, crypto executive says so Bill Barheight,
who is these CEO of Crypto Exchange and wallet Abra.

(04:03):
He said he expects a ton of liquidity injections from
the US Federal Reserve next year as policy makers continue
cutting interest rates, potentially reviving quantitative easing and boosting risk
assets such as bitcoin. Here's a quote. We are seeing
quantitative easing light right now, so we all know the
FED start a Q again on December twelfth, right, and

(04:23):
he says here, the FED is starting to buy its
own bonds. I think demand for government debt is going
to fall significantly next year along with lower rates. All
of this bodes well for assets, including bitcoin. So I
absolutely agree with this thesis. Now this is fact, right,
this is what the Fed and the central banks are doing.
So that's why I'm anticipating it. And the other major

(04:44):
factor is the Crypto Market Structure Bill is expected to
pass in early twenty twenty six, and that's a major
catalyst that will unlock a lot of liquidity and innovation.
So here's the headline. US lawmakers expect to address market
structure markup in January. So there's multiple phases to getting
this bill passed and eventually you know, going to Donald

(05:04):
Trump for signatures. It has to go through the markup
and approvals for discussion, and you know the government process essentially.
But according to reports and people familiar with the matter,
the Banking Committee could hold a markup for the Responsible
Financial Innovation Act during the second week of January. The
event would mark progress on advancing legislation that has been
slowed by Democratic lawmakers' concerns over decentralized finance and the

(05:28):
longest US government shut down in history. So let's see,
let's see what happens. We got quite a few bills here, obviously,
the major one being the market structure. But I do
believe that they're going to try to get this done.
So this would be a major catalyst. And I've been
saying it NonStop. I don't believe the market makers are

(05:49):
going to leave this type of event on the table,
which would be a major bider rumor sell the news event. Right,
you have a massive run up. People are talking about
how great this bill is going to be, and it
will be great, but again it's it's kind of the
information for the masses, not the financially educated, as we've
seen in the stock market and much more. Plus you

(06:10):
got crypto companies and AI companies and much we are
looking to go public. So I don't believe we're sliding
down into the depths of a bear market. And that
does not mean, by the way, that we won't see
further corrections. So bitquin could dump literally the beginning of January.
It could literally dump down to seventy something thousand dollars, right,

(06:31):
so just be prepared for that. But still be structurally
sound to continue upwards. Now, folks, big news from Donald Trump.
So Trump Media plans a one to one blockchain token
rewards for shareholders. So Donald Trump continues his crypto endeavors here.
Trump Media and Technology Group, operator of US President Donald

(06:54):
Trump's Truth Social said Wednesday it plans to roll out
a blockchain token for shareholders that entire them to perks
and rewards. This is interesting. The DJT token will be
launched in collaboration with Cryptoexchangecrypto dot com and the distribution
to existing shareholders set at a one to one ratio
or one token per share owned, according to announcement from

(07:16):
the company, The token may include rewards and perks for
DJT shareholders, including discounts on the Truth Social platform, the
Truth Plus media streaming platform, and prediction market truth Predict. However,
the token is not a tokenized stock and does not
entitle holders to shareholder rights or acclaim on the company's

(07:36):
future earnings. Trump Media confirmed to coin Telegraph. So the
token showcases how blockchain technology can be paired with traditional
acid classes to provide benefits to holders, but also highlights
how tokenized equity products do not necessarily grant the same
rights as ownership of the underlying asset. So, folks, let's
peel back the onion here. There's many layers to it.

(07:58):
On one hand, this is great. It shows adoption, It
shows the power up blockchain and how that can be
used in different ways and reward people for different activities
as part of different ecosystems and so on and so forth.
Right network effects playing out here. On the other hand,
this is something I wish Donald Trump would stay away from.

(08:19):
I'm not saying his kids can't be involved in crypto
and do all these things, but the problem is it
just muddies the water, especially as we're trying to get
market structure pass and we know that Democrats are looking
for anything to say, hey, we don't want to do
this because it's gonna benefit Trump. So I wish Trump
would hold off on these things. And you know, many
of you know I'm not a fan of the meme coin,
and you know I tell it like it is, guys.

(08:41):
I don't hold back. I don't have a secret agenda.
Just I'm gonna be real with you, guys. I wish
even if it was a Democrat president or whoever, don't
do stuff like this. This is not helpful, so I
think it's just bad optics. But again, there's two sides
to the coin. Again, I'm looking at it, it's like, wow,
this is pretty amazing from an adoption standpoint. But on
the other hand, come on, man, you're the president. We're

(09:03):
trying to get crypto market structure passed here. We don't
need further roadblocks and hiccups in the system. So that's
my take on it. I don't know if you guys
agree with me, but it just a lot of this
is just bad optics. I don't think they're trying to
do anything bad, but just the perception and the optics
is just horrible. Right, So let's see hopefully this does

(09:26):
not delay us further with that crypto market structure built.
In addition, speaking of Trump, wallets tied to the Trump
meme coin once again, which I'm not a fan of,
the meme coin team pulled ninety four million dollars in
us DC stable coin to coinbase in December, so some
on chain data is showing some movement here. So on

(09:49):
chain analysts tracking the official Trump meme coin on Solona
have flagged large transfers from wallets labeled as parts of
the official Trump Meme cluster, moving about ninety four million
in USDC from the Trump Meme coin liquidity pools over
the past month. The most recent movement, highlighted by blockchain
data platform Arkham, involved thirty three million usd C being

(10:11):
withdrawn from liquidity on Tuesday and sent to an entity
labeled fire Blocks, which then routed funds to wallets labeled
as belonging to coinbase. Public Salona records on soul Scan
collaborate or corroborate the large USDC outflows from Trump link wallets.
So again bad optics here. But again, you know, as

(10:33):
I've said before, I believe Trump is a net positive. Right.
Things have completely changed with the regulatory agencies, the SEC,
specifically the CFDC as well and ending some of Operation
Choke point two point zero, even though the banks are
trying to do another version of it. But overall we
are in a better environment. But you know, I'm hoping
eventually all that leads in twenty twenty six to a

(10:56):
massive bull market, because if it doesn't, then, you know,
despite the clarity and the movement of legislation and the
attack being you know, put to bed from a regulatory
agencies the price is not there, and that would really suck.
So let's hope, guys, things turn the corner in twenty

(11:18):
twenty six. And I believe they will because markets are cyclical,
and I believe that, you know, the liquidity cycle again
disrupted by the terriff situation as well as even the
government shut down, right, but I believe liquidity will start
to flow back in and markets will start to move,
And again I'm leading towards the probability of new all

(11:39):
time highs in twenty twenty six. Okay, quick word from
our sponsor, and that is Proppy. Propy is leading to
charge with putting real estate on chain. Folks. You can
buy and sell real estate on Propy's platform using cryptos.
If you want to sell your house or bitcoin, or
buy a house or a bigcoin, you can do that
with Propy, and the platform is powered by blockchain and AI.

(11:59):
So I've been an investor in the property token since
twenty eighteen. I discovered them around that time, and I'm like,
wait a minute. If blockchain is going to be adopted
by different industries, real estate is primed to be disrupted
by blockchain technology. So they've been putting deeds on chain.
They've created NFTs for properties. They've been around since twenty seventeen.

(12:22):
They've facilitated over five billion dollars in deals, and they
use coinbase for the escrow service, the crypto escor service
for the buying and selling and billionaire investor Tim Draper
is an investor in his company. He's very bullish, he
has been for a long time. So once again Propy
is doing some amazing things. They are ahead of the
curve here, and we know the world's largest asset class,

(12:43):
real estate, is going on chain, folks, all assets will
and even the buying and selling process and all the
intricacies of real estate and mortgages and so forth. It's
going to be on the blockchain and probably is the
leader here. So folks, if you'd like to learn more
about Propy, go to property dot com. Link would be
in the description. Okay, look at this news. Digital id

(13:04):
cbdc's risk turning us into a surveillance state, according to
US representative Warren Davidson. Now, Warren Davidson has been a
big champion for crypto for many years, going back to
like twenty seventeen. Guys and I interviewed him. Even Ron
Hammond who used to be a frequent guest on this
podcast when he was at the Blockchain Association, was working
with him to put legislation through. I remember they crafted

(13:27):
the Token Taxonomy Act. That's how early they were, right
before all of these things that are we're seeing this year.
So I absolutely value his perspective on the markets. And
you know he's highlighting that potentially the Genius Act, the
Stable Cooint Bill, it could enable a wholesale version of
a US dollars central back digital currency or a CBDC

(13:50):
that could be used for surveillance, coercion, and control. He
also fears a digital ID system will be rolled out
that forces Americans to get government permission to use your
own money. He says, do not be deceived. We need
to reject this globalist surveillance state and return to the
first principles. He added, reminding his followers that Bitcoin's original

(14:13):
promise was less than about being an illiquid inflation hedge
asset and more about being permissionless, peer to peer payment system. Now,
one of the things I highlighted to you guys, I
think within the past four weeks is that the anti
CBDC bill, which was supposed to be passed with the
Defense Act did not get included. That news is not

(14:35):
making as much headlines as they should have. So, you know,
that bill was put forth by guys like Tom emer
and others. It didn't make it through, guys, doesn't mean
it won't ever be passed, but that is a roadblock,
and it looks like someone is trying to roadblock that.
And it could be people that the Fed, you know,
the banks and so forth. They want this, they want

(14:56):
that wholesale CBDC. One of the things I've been highlighting
to you guys, and is that what Chris John Carlow,
who was you know, founder of the Digital Dollar Project,
was telling us for years, and that is the same
concerns people have about CBDCs they should also have about
stable coins, because if the stable coins are being plugged

(15:18):
in or owned by the banks, are plugged into the treasury,
the same type of thing can be done, you know,
with programmability and surveillance and so forth. So we got
some work to do here, and we're gonna have to
see how things develop. You know, could the anti CBDC
bills still get passed in twenty twenty six, That's I'm
gonna be asking people in DC. I'm going to be

(15:40):
bringing more members of Congress on the podcasts to talk
to them about this. I'll probably bring back Warren Davidson
to talk about what the hell is going on here.
So even Representative Marjorie Marjorie Taylor Green said she voted
no to the Genius Act, arguing it hands powers over
to the banks while up opening a backdoor for a CBDC.

(16:02):
So we're gonna have to see how things play out here, guys,
and I'm gonna try to get some answers for you all.
But this is something to keep an eye on because
we know the banks are lobbying hard right now to
change things in the Genius Act. They don't like that
you're getting yield of course on crypto exchanges like uphold
and coinbase, and you can earn a higher rate of

(16:24):
return on staking stable con yield versus what they're giving
you in your checking or savings accounts. Right, So we
got to watch this closely. Now, speaking of cbdc's, look
at this. India's Central Bank urges countries to prioritize CBDCs
over stable coins. So we got to be vigilant here, folks.
We got to be vigilant. Look, I live in the US,

(16:45):
so I can only speak for the US. You know,
those of you listening across the world, you got to
watch out for this right. And some of you may
not care, but you know, personally, I do. And I
think about my daughter as well, you know, as she
grows up and what role she is going to be in.
So I think we've got to fight to make sure
our rights are not trampled on. So I think we're

(17:07):
going to see a lot of different central banks push
for CBDCs. It looks like the CBDC movement is building
momentum again. So the Reserve Bank of India has urged
countries to focus on central bank digital currencies over privately
issued stable coins, citing concerns about financial stability. In its
December Financial Stability Report release on Wednesday, the RBI argue

(17:30):
this that CBDCs preserved the single ness of money and
the integrity of the financial system and should remain as
the ultimate settlement asset and the anchor for trust in money.
And one of the things the article gives context on
is that so far, the CBDCs that have been successfully
launched around the world includes Nigeria, Bahamas, and Jamaica. But

(17:54):
China will argue China's CBDC, the digital Yuwan, that one
is pretty big and they're trying to you know, do
loans and interest on that now. So we got to
watch out, guys, the movement that was happening, you know,
years ago. If people like, yeah, that's it, we're not
going to have a CBDC here, and we're going to
put up this ebed starting to pop up again. So

(18:18):
I will continue to bring folks on the podcast to
talk to them about it, and we can monitor this accordingly.
All right, folks, that's the news. Let me know what
you think. Leave your thoughts and comments below, hit the
thumbs up button. Be sure to support the podcast by
subscribing to my free email newsletter. I'll be doing a
full write up on Friday, so you don't want to
miss that write up. Check out my book on Amazon's

(18:39):
available in paperback and digital. Grab a copy and check
out my course at Mycrypto course dot com. Folks, thank
you for tuning in, wishing you all a happy new year.
It's probably the new year already for many of you
watching and listening and wishing you a happy, healthy and
prosperous year for you and your family, and you know,
maybe you have good fortune, and then made the markets

(19:01):
bring us some new higher highs and higher prices and
a blow off top and we make some really nice returns.
Or folks, I'll catch you on the next one.

All Episodes

Episode Transcript

Popular Podcasts

On Purpose with Jay Shetty

Dateline NBC

Stuff You Should Know

.css-15opob5{left:0;position:absolute;top:0.8rem;} All Episodes

.css-14f5ked{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:2;overflow:hidden;}DONALD TRUMP'S HUGE CRYPTO AIRDROP! CBDCS MAKING A RETURN!

Episode Transcript

Popular Podcasts

.css-r6mb8g{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:1;overflow:hidden;}On Purpose with Jay Shetty

Dateline NBC

Stuff You Should Know

All Episodes

DONALD TRUMP'S HUGE CRYPTO AIRDROP! CBDCS MAKING A RETURN!

On Purpose with Jay Shetty